Hootech Balance Sheet Health
Financial Health criteria checks 5/6
Hootech has a total shareholder equity of CN¥1.6B and total debt of CN¥655.0M, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are CN¥2.8B and CN¥1.3B respectively. Hootech's EBIT is CN¥53.2M making its interest coverage ratio 47. It has cash and short-term investments of CN¥690.4M.
Key information
42.0%
Debt to equity ratio
CN¥655.00m
Debt
| Interest coverage ratio | 47x |
| Cash | CN¥690.37m |
| Equity | CN¥1.56b |
| Total liabilities | CN¥1.29b |
| Total assets | CN¥2.85b |
Recent financial health updates
No updates
Recent updates
We Think That There Are More Issues For Hootech (SZSE:301026) Than Just Sluggish Earnings
Nov 01
Hootech Inc.'s (SZSE:301026) 47% Share Price Surge Not Quite Adding Up
Oct 09Hootech's (SZSE:301026) Shareholders Will Receive A Smaller Dividend Than Last Year
May 27Why Hootech's (SZSE:301026) Shaky Earnings Are Just The Beginning Of Its Problems
May 02Financial Position Analysis
Short Term Liabilities: 301026's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 301026's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥37.0M).
Debt to Equity History and Analysis
Debt Level: 301026 has more cash than its total debt.
Reducing Debt: 301026's debt to equity ratio has increased from 21.5% to 42% over the past 5 years.
Debt Coverage: 301026's debt is well covered by operating cash flow (26.5%).
Interest Coverage: 301026's interest payments on its debt are well covered by EBIT (47x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 23:25 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Hootech Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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